2014 Benefit System Performance Report

This is the second internal actuarial report produced in relation to the forward liabilities of the welfare system. The purpose of the report is for the Chief Actuary to independently:

  • review experience over the year in terms of exit rates, numbers of new clients and clients transitioning between benefits
  • review overall performance of the welfare system and the effectiveness of investments made to reduce benefit dependency
  • review and comments on the valuation of the forward liability
  • identify areas for attention to assist in managing long-term benefit dependency.

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Commissioning agencies
Date of last publication
May 2015

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